Just to be clear: this wouldn't mean that you'd be able to Skype video chat through Facebook. Not yet, anyway. Instead, when this supposedly goes live in a few weeks with Skype 5.0, you'd be able to connect with your Facebook friends list through Skype. Still pretty handy! And in-browser video chat is apparently seen as a "logical progression" to the partnership, meaning it could well happen down the line.

And Text Them, Too!

According to the WSJ, the deal would also include SMS, which definitely wouldn't get annoying after a while.

Facebook Phone's Own FaceTime?

Facebook denies that they've got a phone in the works—much less two—but that's a product that would definitely benefit from deep Skype integration. Skype's currently only available on Verizon phone

After hearing that Facebook's (non-existent, according to their spokespeople) phone will run…
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A Google Voice Alternative

Specifically, an alternative to making calls in Gmail. That's not to say that a Facebook/Skype VoIP solution would be better, necessarily. But if you for some reason want to break free of big G, or don't have a Google account to begin with, you'd have a viable alternative. Choice is good!

You'll Actually Use Skype

As wonderful as Skype is, less than a quarter of its 560 million members are active. When they add what's arguably your most comprehensive Rolodex—your list of Facebook friends—you might be tempted to actually use other parts of the service once in a while. And eventually maybe even cut that cellphone voice plan loose.